New Listing
$325,000
 $1,845 est/mo Sourced by Back At You
Source MLS Verified

952 S 6th St,Louisville, KY 40203

Louisville, KY 40203

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Description

Rare VALUE ADD 5 plex opportunity in Old Louisville / Limerick. This building has been professionally managed for decades. It was previously 100% occupied by long term tenants for over three years at $3,875/month combined rents. The current owners decided to vacate the building to allow for the next buyer to lease up at market rates which the current property management company predicts to be a minimum of $850/mth or $4,250 combined. The current owners have replaced the roof and added mini split HVAC systems. 4 of the 5 units have been recently cosmetically renovated. The value add opportunity: separate electric meters. Current owners are in the process of obtaining bids to allow the new owners to easily make this investment into the building. This large, brick and stone building has great bones and spacious, in demand units. Property Mgmt of Louisville is ready to lease up the building for the next owner. Historical rent roll, pro forma financials, and rent comps are available upon request.

Details

MLS #1727191
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1928
Days On Site4
Listing Provided ByUnited Real Estate Louisville | Samuel Ault

Features

SQ Feet3,250
BasementY
Units5
Acreage0.15

Area Information

StateKY
CountyJefferson
CityLouisville
Zip Code40203
Area00 Central Downtown District | Old Louisville
Community NameLIMERICK
Listing VS Median (in LIMERICK)
Price:
$325,000
low | high
Med:
$282,500
63.076923076923% of Average
sqft:
3,250
low | high
Med:
2,570
70.923076923077% of Average
$ / sqft:
$100
low | high
Med:
$113
36.507936507937% of Average
On site:
4
low | high
Med:
81
4.938271604938% of Average
Sourced by Back At You

Market Activity 40203

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Learn More About This Property

Debbie Ward

Debbie Ward

Coldwell Banker McMahan

 (859) 621-3029dward312@yahoo.com
StateKY
CountyJefferson
CityLouisville
Zip Code40203
Area00 Central Downtown District | Old Louisville
Community NameLIMERICK
Listing VS Median (in LIMERICK)
Price:
$325,000
low | high
Med:
$282,500
63.076923076923% of Average
sqft:
3,250
low | high
Med:
2,570
70.923076923077% of Average
$ / sqft:
$100
low | high
Med:
$113
36.507936507937% of Average
On site:
4
low | high
Med:
81
4.938271604938% of Average
Sourced by Back At You
Listing Updated: August 25, 2026 at 11:35:19 PM PDT

Debbie Ward - Coldwell Banker McMahan